Nvidia (NASDAQ: NVDA) already dominates AI, but Wall Street might still be underestimating its software moat, data center growth, and edge AI ambitions, unless rising rivals or overvaluation spoil the party.

Insiders at artificial intelligence chipmaker Nvidia have dumped more than $1 billion in stock over the last year, according to a Financial Times report. About half of those sales occurred during the last month as the market notched new highs and shook off geopolitical tensions.

Nvidia insiders unloaded over $1 billion worth of Nvidia shares in the last year, and there has been a recent rush of sales as they tapped into growing excitement around artificial intelligence. Over half a billion dollars of those shares were sold in June alone,